The Hindu Business Line : Tuesday, April 08, 2008

Few takers for exotic forex derivatives now
Mumbai, April 7 Banks have seen a sharp slowdown in ‘exotic’ forex derivative deals in the last three months. While these structured products are specifically meant for risk management, many companies had been making profits from ... More

Tata Comm loses appeal against FLAG
Mumbai, April 7 VSNL (Now Tata Communications) has lost its appeal against FLAG (now part of Reliance Globalcom) at the district court of The Hague, Netherlands in the matter of allowing FLAG access to the FLAG Europe Asia Cable (FEA) landing ... More

3i Group’s infra fund exceeds $1-b target
Overseas PE investors continue to have faith in India growth story More

‘Scrap limits on foreign portfolio investments’
Panel seeks more liberal regime More

Auto industry feeling the heat of costlier steel
Tata’s commercial vehicles, Mahindra’s Logan cars to cost more More

Central sales tax ceiling rate may come down to 2%
Notification only after agreement on compensation issue More

Chinese engines push up Ashok Leyland volumes
1,500 sold last fiscal; to be made key part of strategy More

Reforms panel moots delinking banks from govt
For creation of independent committee to select board members More

Global inflation and India
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Wheat crop unaffected by rains, hailstorm
Only those in low-lying areas hit, yield may be higher More

Ganesh Natarajan is new Nasscom Chairman
Pramod Bhasin elected Vice-Chairman More

Consumer durable majors find new ways to woo buyers
Focus on design, colour, enhanced efficiency More

TODAY'S PICK (Latest Audio: English | Tamil)
Glenmark Pharma (Rs 491.35): Buy
We recommend a buy in Glenmark Pharmaceuticals from a short-term perspective. From the charts of Glenmark Pharmaceuticals, we see that the stock has been on long-term uptrend since its October 2006 low of Rs 148. However, after marking a life ... More

Day Trading Guide
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Mining stocks gain on price revision hopes
Mumbai, April 7 Mining stocks seem to have gotten a boost on Monday as State run miner National Mineral Development Corporation (NMDC) Ltd said that it is likely to revise its prices in May. It would decide on the new iron ore long-term ... More

Draxis adds niche capabilities to Jubilant
Possible upsides from cardiac imaging product, J&J contract More